WPP Wpp Plc

TIDMWPP

RNS Number : 2123W

WPP PLC

08 December 2023

   FOR IMMEDIATE RELEASE                                                           8 December 2023 

WPP plc ("WPP")

Executive Share Awards

As announced on 8 November 2022 and 9 May 2023, Joanne Wilson has been granted an award under the WPP Share Plans. This is the final award to compensate Joanne for incentives from her previous employer that she forfeited on joining WPP. The award vests in December 2025 and is no more generous in amount or deferral schedule than the awards forfeited by Joanne.

 
 Executive Director    Number of shares/nil cost options 
                        awarded 
 Joanne Wilson         18,540 
                      ---------------------------------- 
 

Notes

1) This award was made in accordance with the terms of the 2023 Directors' Compensation Policy as approved by shareholders on 17 May 2023.

   2)   Additional shares will be awarded at vesting in lieu of dividends. 

3) Awards to Executive Directors are subject to an additional two-year post-vesting holding period.

 
 1.   Details of PDMR/person closely associated with them ('PCA') 
 a)   Name                        Joanne Wilson 
     --------------------------  ---------------------------------------------- 
 b)   Position/status             Chief Financial Officer 
     --------------------------  ---------------------------------------------- 
 c)   Initial notification/       Initial notification 
       amendment 
     --------------------------  ---------------------------------------------- 
 2.   Details of the issuer 
     -------------------------------------------------------------------------- 
 a)   Full name of the            WPP plc 
       entity 
     --------------------------  ---------------------------------------------- 
 b)   Legal Entity Identifier     549300LSGBXPYHXGDT93 
       code 
     --------------------------  ---------------------------------------------- 
 3.   Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     -------------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 10 pence each ('Ordinary 
       financial instrument        Shares') 
                                   ISIN: JE00B8KF9B49 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Grant of conditional awards over WPP plc 
                                   ordinary shares under the WPP plc Stock Plan 
                                   2018 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)                        Volume(s) 
       (Number of WPP ordinary      Conditional Free Share Award    18,540 
       shares or WPP ADRs                                          ---------- 
       sold or purchased 
       and price per share/ADR) 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information      N/A (single transaction) 
        *    Aggregated number 
 
 
        *    Aggregated Price 
 
 
        *    Total 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     7 December 2023 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ---------------------------------------------- 
 

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

Balbir Kelly-Bisla

Group Company Secretary

Contact for further information:

Chris Wade, WPP

+44 (0)20 7282 4600

About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, clients and communities. For more information, visit www.wpp.com .

END

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December 08, 2023 06:47 ET (11:47 GMT)

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